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7550 S State Road 446

Bloomington, IN 47401

ActiveListed Oct 19, 2026 · 2 days on market

Key facts

Lot
51.2 acres
Type
Land · Residential Lots
MLS #
22132620
County
Monroe
Subdivision
No Subdivision

About this home

Discover a rare Lake Monroe offering featuring 51.2 acres and approximately 3,100 feet of shoreline along the DNR buffer zone. Mature hardwood forests, scenic ravines, a natural spring, and a winding creek create a remarkable natural setting just minutes from downtown Bloomington. With electric and water on site, and established gravel drives throughout, this property offers extraordinary potential for a private luxury estate, multigenerational retreat, or truly one-of-a-kind recreational destination. Adding to its intrigue is the site of the former Zoom Floom, Bloomington's legendary lakeside water slide that entertained summer visitors in the late 1970s and early 1980s. A piece of local history hidden among the trees, it invites an imaginative question: Will you revive the Zoom Floom and create your own private lakeside water slide? Opportunities this distinctive are rarely found. A remarkable piece of Lake Monroe history awaits its next chapter.

Description provided by the listing brokerage.

Exterior

Waterfront
Lake FrontWater AccessWaterfront
Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

Lot features
Rural - Not SubdivisionMature TreesWooded
Zoning
Classified Forest

Schools

School district
Monroe County Community Sch Corp

Taxes

Estimated annual tax
$31 / yearTwice the semi-annual installment the listing reports.
Tax year
2026

Estimate your monthly payment

$13,210per month, estimated
Principal and interest $12,350Property tax $3Insurance $858
20% · $490,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$2,450,000
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